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Question 1:
Assuming that you are appointed consultant on economic matters for a company and you are asked to analyse the market structures in various sectors of the economy. What indicators would you take into account to classify the markets and analyse them from the profitability and economic efficiency point of view. Give examples taking the case of Mauritius.
Question 2:
"You are appointed as manager as of a tourist hotel in Mauritius and you are asked to do an analysis of the price determination in the industry. Moreover, you are asked to highlight the importance of a knowledge of elacticities of demand and supply in your business strategy.? How would you approach this assignment?
Question 3:
Provide the government policy to increase access to tertiary education, you are asked to estimate a demand function and forcast demand for tertiary education for your company. Show the various steps and issues that you would consider in your task.
State Factors determining Working Capital requirement.
Cost concept . techniques of costing . absorption costing
Identify whether each of the following transactions involves spot exchange, contract, or vertical integration. For the last item if the contract length is optimal or suboptimal.
Liquidity ratios Liquidity refers to the ability of concern to meet its current obligations as and when these become due. The short term obligations are met by realizing amount
The least-cost method The process is described as follows: Assign as much as possible to the variable with the least unit cost in the whole tableau. (Ties are broken randomly).
Disadvantages of the cost accounting: 1. It is unnecessary: it is argued that maintenance of the cost records is not necessary and involves duplication of work. It is based o
when assessing Market Value of common stock, is the "market value" the market value when the company sold the stock or the current market value?
Explain product cost Product costs are those costs which are associated with and directly identifiable with the product. In other words, which are assigned to the product are p
Queuing problems There are two main approaches to queuing problems: • simulation • queuing theory formula Where simple situations apply, queuing theory should be used
Bridge loans are obtainable from the banks and financial institutions while the source and timing of the funds to be raised is identified along with certainty. While there is a tim
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